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News 2026-10-07 04:45 UTC

TIMELINE — Changes to India's repo rate since June 2000

MUMBAI, Oct 7 (Reuters) — The Reserve Bank of India raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, the first rise in nearly four years, citing mounting inflation concerns and strong economic growth. The six-member Monetary Policy Committee also shifted its policy stance to "calibrated tightenin